Facilitation

Foreign Remittances NOC

According to Foreign Exchange Manual 2002 Chapter 14 Clause 12, State Bank of Pakistan (SBP) requires that any IT company willing to procure software from abroad first needs to obtain a No Objection Certificate (NOC) from PSEB in case of remittance above 100,000 US $ or equivalent. However, no NOC from PSEB is required in case of remittance below 100,000 US $. Please download, print, and clearly fill out this NOC form, and post it along required documents at the address given below.

Required Documents

Request for Proposal (RFP) documents

Cover letter with complete contact information

Foreign Vendor Identification

Copy of contract with foreign vendor

Evaluation Report

Copy of Invoices from foreign vendor

Processing Charges

Processing fee must be enclosed as per below schedule (Revised from 1st August, 2017):